ZRA tax revenue up to 70 p.c.
Published On August 23, 2024 » 343 Views» By Times Reporter » Business, Stories
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By KELVIN MUDENDA –
THE Zambia Revenue Authority (ZRA) says the contribution of tax revenue to the national budget has progressively increased in the last three years.
ZRA Southern Region Director Alice Haamukale said the tax revenue had increased from 49 percent in 2021 to 70.5 percent this year.
Speaking during the Tax Awareness and Business Support Conference organised by USAID Revenue for Growth Project(R4G) in Livingstone, Ms Haamukale said the increased reliance on domestic revenue resources was in an effort to reduce borrowing and donor dependency.
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